Search found 5797 matches

by Fallible
Fri May 26, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: John Bogle: "Balancing Professional Values and Business Values"
Replies: 5
Views: 802

Re: John Bogle: "Balancing Professional Values and Business Values"

It's encouraging news for investors that Jack sees the balance shifting from business values back toward professional values. As always, Jack provides the perspective needed to see the big picture.

Thanks for the link, Taylor.
by Fallible
Wed May 24, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Proactive Strategy
Replies: 6
Views: 370

Re: Proactive Strategy

... I changed my portfolio two months ago so unfortunately for me I bought my shares at a high point. Man, if I could go back to April '19 when the Schiller PE was half what it currently is.... All of We Study Billionaires the investors podcasts guest, which truly are very intelligent people (highl...
by Fallible
Wed May 24, 2017 5:20 pm
Forum: Personal Consumer Issues
Topic: Saving Baby bunnies
Replies: 9
Views: 929

Re: Saving Baby bunnies

andyandyandy wrote:Mom returns only in night(after googling I found)...and may be for 5 mins
How do I ensure she is coming?


If she has been returning, she'll probably continue. But please call a local veterinary clinic or the humane society so you know what to do and, perhaps more importantly, what not to do.
by Fallible
Wed May 24, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 86
Views: 10226

Re: i am my own "guy," but not sure I should advertise that

I was riding on the train to work with a neighbor, and he mentioned that he needed to talk to his "guy" about some investing stuff. He asked who my "guy" was, and I said "I'm my own guy. " He was surprised, and I explained about Bogleheads as a good source for research...
by Fallible
Mon May 22, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: Market News Feeds Worth Reading?
Replies: 22
Views: 1801

Re: Market News Feeds Worth Reading?

Hi, I recently started investing (just a simple three fund) and I'm wondering how you guys digest your news on the markets. The all knowing google app on my phone started feeding me some general market news from time to time, but I don't want to many details and prefer just a simple infrequent news...
by Fallible
Sun May 21, 2017 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: The Novice [need books/resources for learning]
Replies: 8
Views: 521

Re: The Novice [need books/resources for learning]

... My husband and I are looking to gain additional resources for novice investors. By 'novice', I mean 'how does index fund differ from money market'? We are both earning over 150K a year and have a substantial amount in the bank and we are in our mid-30's. Unfortunately we don't know much about h...
by Fallible
Sat May 20, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Nothing else to do investment wise!
Replies: 23
Views: 3322

Re: Nothing else to do investment wise!

Now that we are finally invested in bogglehead style with a three fund portfolio and everything on auto investing, I feel like I need to do something about my portfolio. I understand that tinkering with a set allocation and IPS is dangerous so I always retreat. What else you do in a situation like ...
by Fallible
Sat May 20, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: please evaluate my portfolio, is it too risky
Replies: 13
Views: 1367

Re: please evaluate my portfolio, is it too risky

Our combined social security at 62 is 3,300 and with my military pension of 2,000 month for a total of 5,300 will cover all of our fixed living expenses, that is why I have 100% stock portfolio, does this sound reasonable? It's about what sounds "reasonable" only to you and your wife, wha...
by Fallible
Fri May 19, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: If You Can't
Replies: 25
Views: 1558

Re: If You Can't

... So I'm underestimating how difficult this will be. Old habits die hard, right? I'm 27 now - if over the next couple years I can manage to learn to set and forget the target date fund (and I never sit down to rebalance it), I will eventually get into the habit of looking at my portfolio less and...
by Fallible
Fri May 19, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7291

Re: Lawyers charging for asking about fees

Incendiary wrote:Are lawyers "allowed" to bill you for time asking them about fees? Is it common practice? Against ABA guidelines?

Just looking for guidance here. Thanks.


Did you discuss only fees? Or did you also discuss what the fees were for and for what services?
by Fallible
Fri May 19, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 907099

Re: U.S. stocks in freefall

It's not this drop, or its size, or how it's reported (yawn). It's the reasons for it.
by Fallible
Fri May 19, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: A daily panic on the averages a day or two ago
Replies: 11
Views: 1109

Re: A daily panic on the averages a day or two ago

Dottie57 wrote:What big drop are you talking about?


Right. And it's not the size of the drop, but what's behind it. Wall Street waking up to, or finally admitting, reality?
by Fallible
Fri May 19, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Fixing 20 Years of Mistakes
Replies: 9
Views: 1329

Re: Fixing 20 Years of Mistakes

Welcome to the forum. I agree with bloom2708 that we need to know more about your finances via the link provided. Overall, I think the big challenge for you will be transitioning from years of short-term thinking to long term. Every paragraph of your post shows a desire to think long term, but then ...
by Fallible
Fri May 12, 2017 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Trouble sticking to a plan
Replies: 19
Views: 1950

Re: Trouble sticking to a plan

captpete wrote: ... I have had a hard time setting an AA and keeping it. ...


I join those who would like to know how you are setting an AA that you then can't keep. What are you basing it on?
by Fallible
Fri May 12, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Behavioral Anomalies Will Persist?
Replies: 40
Views: 3131

Re: Do You Think Behavioral Anomalies Will Persist?

Exactly how will they be "eaten in microseconds"? If you've got a market full of self-learning bots capable of accurately valuing companies, then any company which is undervalued due to human behavioral reasons would likely be bought by the bots until they are properly valued. This is ass...
by Fallible
Thu May 11, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Behavioral Anomalies Will Persist?
Replies: 40
Views: 3131

Re: Do You Think Behavioral Anomalies Will Persist?

Human nature in aggregate hasn`t changed since the beginning of time. Why would it change now ? A better question might be: Will human nature be less involved in pricing the market in the future? Exactly. Great strides are being made in artificial intelligence, such as in deep learning. If a signif...
by Fallible
Wed May 10, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: Performance chasing... vs staying the course
Replies: 9
Views: 787

Re: Performance chasing... vs staying the course

I contribute monthly to my taxable account and have been for a while - TSM and TISM per my IPS. However, I have began to wonder why I don't allocate more to tech heavy growth index fund. I rationalize this as less dividends/more tax efficient. But the bottom line is I think I am performance chasing...
by Fallible
Wed May 10, 2017 5:46 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Behavioral Anomalies Will Persist?
Replies: 40
Views: 3131

Re: Do You Think Behavioral Anomalies Will Persist?

Ultimately, I suppose it's like asking what is the future of the human brain, how will it evolve, assuming it continues to evolve or at least evolve in ways similar to the past. And then the narrower question, how might that better control our behavior with money. I don't know the future, but for no...
by Fallible
Mon May 08, 2017 5:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 2955

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

Happy Birthday Jack and thank you for caring about the small investor.
by Fallible
Mon May 08, 2017 5:10 pm
Forum: Investing - Theory, News & General
Topic: Nice piece by Christine Benz, "Not a portfolio emergency"
Replies: 14
Views: 3072

Re: Nice piece by Christine Benz, "Not a portfolio emergency"

... What struck me is the advisor seemingly making the rookie mistake we point out to new posters all the time: looking at a piece of the portfolio in isolation. He had had a free consultation with an "advisor" onsite at his workplace, and that person had spotted some problems. The low-co...
by Fallible
Mon May 08, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: How much risk do I need?
Replies: 21
Views: 1523

Re: How much risk do I need?

Are you familiar with our wiki's "Asset Allocation" page, which includes three blogs by Larry Swedroe on need, willingness, and ability to take risk? If not, here you go:
https://www.bogleheads.org/wiki/Asset_allocation
by Fallible
Fri May 05, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Tips From Older Bogleheads?
Replies: 52
Views: 4319

Re: Tips From Older Bogleheads?

My guess is the tips will come down to the Boglehead principles in one form or another: 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Diversify 5 Never try to time the market 6 Use index funds when possible 7 Keep costs low 8 Minimize taxes 9 Invest w...
by Fallible
Thu May 04, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Starting new job mid-career - What advice to learn from my past?
Replies: 39
Views: 2195

Re: Starting new job mid-career - What advice to learn from my past?

Unless I missed it, what are the duties in your new job? How will they differ from your old job, especially in the area of support work?
by Fallible
Thu May 04, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Any recommendations for books on Financial Planning?
Replies: 13
Views: 1026

Re: Any recommendations for books on Financial Planning?

The best overall financial book I've ever read - and still read after having bought the 1997 and then 2009 editions - is Jane Bryant Quinn's Making the Most of Your Money Now. It's more a reference book and one I'm sure you'll be using for many years.
by Fallible
Thu May 04, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Change to asset allocation
Replies: 11
Views: 791

Re: Change to asset allocation

... He feels that this would actually increase returns/lower risk (obviously not tremendously). Do folks think it's worth it to add the extra complexity? I actually see that I'm overdue for rebalancing anyway, so I could just keep with a 3 fund portfolio, but potentially rebalance and go to 70/30. ...
by Fallible
Thu May 04, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Giving a Talk on Personal Finance & Investing - Advice?
Replies: 41
Views: 2555

Re: Giving a Talk on Personal Finance & Investing - Advice?

Topofthebellcurve: How to determine your risk tolerance and asset allocation How DO you determine your risk tolerance? Not with the usual questionnaire. Paul Risk tolerance is best determined by spawning a statistically significant number of parallel universes, having your alternative selves go thr...
by Fallible
Wed May 03, 2017 10:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet May 6, 2017
Replies: 14
Views: 1732

Re: Minnesota Bogleheads Meet May 6, 2017

Will there be a GenX breakout? Hi rocketrex, There is no GenX breakout at Saturday's meeting, but I'm now checking with a couple breakout moderators to see whether GenXers might be included in their Sat. breakouts. Fallible rocketrex, Breakout E for newer investors will include material for all age...
by Fallible
Wed May 03, 2017 8:39 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2326
Views: 694081

Re: What Book Are You Currently Reading? Part VI

... Sancho's question about giants was the first time I realized he wasn't quite as crazy, or crazy in the same way, as DQ. Until then, I don't think Cervantes provided much reason for his joining our knight errant. ... And actually, when we are first introduced to Sancho in chapter VII, Cervantes ...
by Fallible
Wed May 03, 2017 8:10 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet May 6, 2017
Replies: 14
Views: 1732

Re: Minnesota Bogleheads Meet May 6, 2017

rocketrex wrote:Will there be a GenX breakout?


Hi rocketrex,

There is no GenX breakout at Saturday's meeting, but I'm now checking with a couple breakout moderators to see whether GenXers might be included in their Sat. breakouts.

Fallible
by Fallible
Tue May 02, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2326
Views: 694081

Re: What Book Are You Currently Reading? Part VI

... Yes there's sort of a contradiction with Sancho pointing out to DQ that he's not seeing reality quite right, yet still believing completely in him, and his cause. Maybe his greed has something to do with it. No I don't recall that song. Have you seen the movie with Peter O'Toole as DQ and Sophi...
by Fallible
Tue May 02, 2017 10:41 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2326
Views: 694081

Re: What Book Are You Currently Reading? Part VI

His motive for following Don Quixote was due to his greed. He'd been promised the governorship of an ínsula, as soon as DQ conquers one, that is. As Sancho says to another squire as they compare the payment expected (if not yet received) from their respective knights errant: “I,” replied Sancho, “h...
by Fallible
Tue May 02, 2017 10:06 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2326
Views: 694081

Re: What Book Are You Currently Reading? Part VI

... Hi all. I'm about 2/3 the way through Grossman's Don Quixote which puts me well into Part II. I continue to appreciate this translation. As is usual, I got distracted by other books (and other life events) so stalled out on DQ. DQ itself interrupted another book I am well into (Peter Green's 20...
by Fallible
Tue May 02, 2017 7:58 pm
Forum: Investing - Theory, News & General
Topic: Giving a Talk on Personal Finance & Investing - Advice?
Replies: 41
Views: 2555

Re: Giving a Talk on Personal Finance & Investing - Advice?

How about centering it on the Bogleheads' philosophy? It covers the most important basics that they'll need to know.

https://www.bogleheads.org/wiki/Bogleheads®_investment_philosophy
by Fallible
Tue May 02, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: "The Road Less Traveled" by John Bogle
Replies: 31
Views: 4002

Re: "The Road Less Traveled" by John Bogle

Obligatory comment about how the Frost poem is actually about how it doesn't matter which road you take, but it's easy to imagine it did, after the fact. Well, yes, one really should read the entire poem to fully understand those roads and how a decision would be made which to take. But it's quite ...
by Fallible
Tue May 02, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: "The Road Less Traveled" by John Bogle
Replies: 31
Views: 4002

Re: "The Road Less Traveled" by John Bogle

He certainly did take the road less traveled and we Bogleheads are following right behind him. :happy :moneybag I hadn't heard of "presentism," but Jack sure knew how to apply it. And I very much like his point about the importance of "caring" about people, about the small invest...
by Fallible
Mon May 01, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

... But that's why I think it is quite fascinating that someone with presumed more knowledge: say investing for 30 years, has interest enough to join a forum specific to investing education, etc, that this person (not the average) still can't override their emotions. I think you are referring to my...
by Fallible
Mon May 01, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

... But that's why I think it is quite fascinating that someone with presumed more knowledge: say investing for 30 years, has interest enough to join a forum specific to investing education, etc, that this person (not the average) still can't override their emotions. I think you are referring to my...
by Fallible
Mon May 01, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

How do we make choices with incomplete and uncertain information? There are cognitive traps here that homo economicus would avoid but homo sapiens fall into. Education can fix this. Just to be clear, sometimes education helps. But not always, and in some circumstances it can actually be counterprod...
by Fallible
Sun Apr 30, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

Seriously though, isn't holding and rebalancing through market 'crashes' what Bogleheads preach as gospel? How would doing so be an example of overconfidence? And how could knowing deep within yourself that you would actually do this be bad?[/b] Your last two questions I don't understand: what &quo...
by Fallible
Sun Apr 30, 2017 8:27 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

If I say I’m not certain what I’ll do in the next market crash I am simply being honest with myself. And that’s after 30 years in the market, beginning with the ’87 crash. It’s not about trust, but of understanding what it is to be human, which is fallible. :-) I would be, and should be, far more w...
by Fallible
Sun Apr 30, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

People really need to be a bit more astute, and take this behavioral stuff with a grain of salt. I agree. What I think is fascinating is those on this board (presumably above average investor knowledge/interest since they are members here) that claim they still don't/can't trust themselves to not s...
by Fallible
Sun Apr 30, 2017 6:19 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

People really need to be a bit more astute, and take this behavioral stuff with a grain of salt. I agree. What I think is fascinating is those on this board (presumably above average investor knowledge/interest since they are members here) that claim they still don't/can't trust themselves to not s...
by Fallible
Sun Apr 30, 2017 4:09 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

My questions above, however, were made in the context of understanding individual differences in determining how much risk one can or wants to take in setting up an allocation. This could, of course, tie into myopic loss aversion if one takes on too much risk and becomes myopic and focused on the s...
by Fallible
Sun Apr 30, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

Who does not have an emotional need for stability? And why would perceiving it in oneself amount to being held hostage to it? And why would it all lead to their detriment and not their well-being? So the reason this is sometimes called "myopic loss aversion" is that in focusing on avoidin...
by Fallible
Sat Apr 29, 2017 10:27 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

... For some people, I think that they are letting themselves be held hostage to their perceived emotional need for 'stability' to their own detriment. Who does not have an emotional need for stability? And why would perceiving it in oneself amount to being held hostage to it? And why would it all ...
by Fallible
Sat Apr 29, 2017 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Need Advice
Replies: 12
Views: 1033

Re: Need Advice

arcticpineapplecorp. wrote:...
Your advisor is going to be mad at you? Boy that's rich! (pun intended). Ask him to disclose ALL his fees (and I mean every last way he can possibly be compensated by you) and you should find yourself mad at HIM. ...


This states it so well it could stand alone. :beer
by Fallible
Sat Apr 29, 2017 7:54 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

...People don't like uncertainty (another way of saying they do like guarantees) that offers a loss of everything they have invested in the market. I don't think it's hard to understand that. The answer should be to find a balance between acceptable loss and safety, but of course that balance is go...
by Fallible
Sat Apr 29, 2017 6:02 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 121
Views: 3957

Re: Should we treat investors' tolerance for volatility as fixed?

...People don't like uncertainty (another way of saying they do like guarantees) that offers a loss of everything they have invested in the market. I don't think it's hard to understand that. The answer should be to find a balance between acceptable loss and safety, but of course that balance is go...
by Fallible
Sat Apr 29, 2017 5:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet May 6, 2017
Replies: 14
Views: 1732

Re: Minnesota Bogleheads Meet May 6, 2017

Thanks to moderators Diann, Marcia, Tom, and Sandra for expanding on your breakout topics. If those interested in attending the May 6 meeting would like more information on the breakouts, just post here.

Go to advanced search